The “grabbing hand” or the “helping hand” view of corruption:evidence from bank foreign market entries

Petrou, Andreas and Thanos, Ioannis (2014) The “grabbing hand” or the “helping hand” view of corruption:evidence from bank foreign market entries. Journal of World Business, 49 (3). pp. 444-454. ISSN 1090-9516

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This study adopts a resource perspective to explore a non-linear relationship between corruption and two measures of bank foreign market commitment, the capital invested and the share of equity, on a sample of 131 bank entries in forty host countries. Our findings support a U-shaped relationship providing evidence of the “grabbing hand” view at low to moderate levels of corruption and, supporting the “helping hand” view at high levels of it. In addition, market-seeking motives are found to have a positive moderating effect on this relationship. This study contributes to the long-standing debate about the effects of corruption on FDI.

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Journal Article
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Journal of World Business
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This is the author’s version of a work that was accepted for publication in Journal of World Business. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of World Business, 49, 3, 2014 DOI: 10.1016/j.jwb.2013.10.004
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29 Mar 2016 13:36
Last Modified:
18 Feb 2023 00:24